Richmont Mines Reports Fourth Quarter and Annual Financial Results; Record Performance at the Island Gold Mine - Seite 3

continue to focus on positioning the Island Gold Mine for long-term
success that drives shareholder value creation, which is supported by
a solid balance sheet and a disciplined management team."

Financial Highlights

(in thousands of $, except
per share amounts)
Quarter ended Quarter ended Year ended
Year ended
Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2016
Dec. 31, 2015
Revenue from
mining operations 44,204 31,864 168,700
143,733
Net earnings
(loss) per share, basic 0.02 -0.07 0.2
0.12
Operating cash flow,
per share 0.2 0.12 0.79
0.74
Adj. operating
cash flow, per share(1)(2) 0.17 0.04 0.8
0.6
Net free cash flow,
per share(2) -0.05 -0.27 -0.25
-0.17
Revenue from mining
operations (US$) 33,134 23,861 127,340
112,406
Net earnings (loss) per
share, basic (US$) 0.01 -0.05 0.15
0.09
Operating cash flow,
per share (US$) 0.15 0.09 0.6
0.58
Adj. operating cash flow,
per share(1)(2)(US$) 0.13 0.03 0.61
0.47
Net free cash flow,
per share(2) (US$) -0.04 -0.21 -0.19
-0.13


(1) Before changes in non-cash working capital.
(2) Non-IFRS performance measure. Refer to the Non-IFRS
performance measures
section contained in the 2016 Management's Discussion &
Analysis.




Operational Highlights

Quarter ended Quarter ended
Year ended Year ended
Dec. 31, 2016 Dec. 31, 2015 Dec.
31, 2016 Dec. 31, 2015


Gold produced (oz) 29,505 22,380
104,050 98,031
Gold sold (oz) 27,759 21,576
102,660 96,895
Average cash costs per ounce ($)(1) 952 1,028
908 972
Average AISC per ounce ($)(1) 1,229 1,660
1,272 1,368
Average realized gold price
per ounce ($) 1,589 1,474
1,640 1,480
Average cash costs per ounce (US$)(1) 714 770
685 760
Average AISC per ounce (US$)(1) 922 1,243
960 1,070
Average realized gold price
per ounce (US$) 1,191 1,104
1,238 1,157

(1) Non-IFRS performance measure. Refer to the Non-IFRS
performance measures section
contained in the 2016 Management's Discussion and Analysis.




Island Gold Mine Highlights

ISLAND GOLD MINE Quarter ended Quarter ended Year
ended Year ended
Dec. 31, 2016 Dec. 31, 2015 Dec. 31,
2016 Dec. 31, 2015

Gold produced (oz) 24,086 14,203
83,323 55,040
Gold sold (oz) 22,422 13,504
82,273 52,363
Cash costs per ounce ($)(1) 826 1,019
779 1,027
AISC per ounce ($)(1) 912 1,580
988 1,453
Realized gold price per
ounce ($) 1,592 1,476
1,639 1,481
Cash costs per ounce (US$)(1) 619 763
587 803
AISC per ounce (US$)(1) 683 1,183
745 1,136
Realized gold price per
ounce (US$) 1,193 1,105
1,237 1,158
Underground tpd 977 657(2)
869(3) 659(2)
Mill tonnes 83,091 60,352
297,757 242,137
Mill tpd 903 656(2)